8, GUNTHORPE CLOSE, OAKHAM, LE15 6FH - £335,000

8 GUNTHORPE CLOSE is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £335,000 in July 2020, which was around 22% below the average July 2020 detached price in the Rutland local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

8 GUNTHORPE CLOSE Sold Prices

Land registry data shows four sales for 8 GUNTHORPE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Most of the four 8 GUNTHORPE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 29 JUL	£335,000	£429,341	22% below HPI
2011 19 DEC	£288,500	£294,813	2% below HPI
2006 18 AUG	£287,000	£273,656	5% above HPI
2000 7 JAN	£118,450	£139,912	15% below HPI

8 GUNTHORPE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The four 8 GUNTHORPE CLOSE sales between January 2000 and July 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8 GUNTHORPE CLOSE?

8 GUNTHORPE CLOSE is 130m² according to the EPC inspection conducted in November 2011. This puts it in the largest 40% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 8 GUNTHORPE CLOSE lies on this distribution: 61% of detached houses are smaller than 8 GUNTHORPE CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Oakham.

8 GUNTHORPE CLOSE: Plot and Title Map

8 GUNTHORPE CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 8 GUNTHORPE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 GUNTHORPE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 GUNTHORPE CLOSE?

8 GUNTHORPE CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 8 on GUNTHORPE CLOSE.